We discuss recent work evaluating the role of the government in shaping the economy
during the long nineteenth century, a practice we refer to as industrial policy. States …

A few centuries ago, capitalism set in motion an explosion of economic productivity. Markets
and private property had existed for millennia, but what other key institutions fostered …

All societies must deal with the possibility of violence, and they do so in different ways. This
book integrates the problem of violence into a larger social science and historical …

The effect of human capital on growth involves multiple channels. On the one hand, an
increase in human capital directly affects economic growth by enhancing labor productivity …

Over the last millennium, the clan and the corporation have been the loci of cooperation in
China and Europe respectively. This paper examines–analytically and historically–the …

From the bestselling author of The Ascent of Money and The Square and the Tower, a
searching and provocative examination of the widespread institutional rot that threatens our …

Why did China decline between 1400 and 1980, only to reestablish a major presence in the
global economy? Why did Eu rope, a region torn by strife and suffering and economic …

Cities of Commerce develops a model of institutional change in European commerce based
on urban rivalry. Cities continuously competed with each other by adapting commercial …

Commercial banks are among the oldest and most familiar financial institutions. When they
work well, we hardly notice; when they do not, we rail against them. What are the historical …

В статье, которая представляет собой краткое изложение готовящейся к изданию
книги, авторы исследуют выборку из 9 развивающихся стран. При всей нелинейности …